DP
CFP
DP
CFP

David Andrew Pitt

22 Years of Experience
Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningHigh Net Worth
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
31 advisors
Number of Clients
2,889 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$4.4B

Fee Structure

Minimum Investment:$500K
Financial Planning:Investment management only
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $2.0M1.25%
$2.0M - $5.0M1.00%
$5.0M - $10.0M0.90%
$10.0M - $15.0M0.75%
$15M+0.75%

Fees are negotiated for amounts over $15,000,001. The fee for the negotiated tier is based on the previous tier's fee percentage.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

163 Madison Avenue, Morristown, NJ, 07960

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Employment History
Current Registrations
Beacon Trust
May 2025 - Present · 9 mos
Previous Registrations
Hennion & Walsh Asset Management, INC.
April 2021 - April 2025 · 4 yrs
Hennion & Walsh, INC.Broker
April 2021 - April 2025 · 4 yrs
Securian Financial Services, INC.
June 2012 - June 2019 · 7 yrs
Securian Financial Services, INC.Broker
April 2012 - June 2019 · 7 yrs 2 mos
Louis Capital Markets, LPBroker
August 2006 - March 2011 · 4 yrs 7 mos
Hold Brothers On-Line Investment Services L.L.C.Broker
November 2005 - June 2006 · 7 mos
Bernard L. Madoff Investment Securities LLCBroker
October 2001 - May 2005 · 3 yrs 7 mos
Ndb Capital Markets, LPBroker
February 2000 - May 2001 · 1 yr 3 mos
T. Rowe Price Investment Services, INC.Broker
January 1998 - September 1998 · 8 mos
State Registrations1 state
NJ
Advisor
Exams
No exam information available for this advisor.
David Andrew Pitt - Financial Advisor | TrueAdvisor